Bond Insurance Company

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Bond Insurance Company

A company that sells insurance on bonds. That is, a bond insurance company guarantees that the principal and coupon on a bond will be paid at the appropriate times. The bond insurance company does this in exchange for a premium. Insured bonds carry a higher credit rating.
References in periodicals archive ?
The downgrades of most bond insurance companies over the past 18 months have made it more difficult and costly for municipalities to issue bonds.
Monitor and provide analyses regarding the financial viability of municipal bond insurance companies for continued compliance with bond covenants.
As a result of the subprime mortgage meltdown, banks, brokerages and bond insurance companies are facing a raft of professional liability-related litigation.
Bond insurance companies generally consider the same factors as the rating agencies in examining an issuer's credit.
Our deep experience in this area underscores our dedication to assisting a wide range of constituents, including state governments, investment banks, law firms, credit rating agencies and municipal bond insurance companies with structuring tobacco-based securitizations and bond offerings while providing unparalleled verification services.
Issuers should take into consideration the credit worthiness of potential bond insurance companies themselves.
Should circumstances require municipal bond insurance, assist the Town in coverage qualification and, if necessary, making presentations to municipal bond insurance companies.
Deposits and Guarantees required: Contracts with a value of more than 12 000 EUR including VAT, performance guarantee form - in the Republic of Lithuania or abroad registered a bank guarantee or surety bond insurance companies, the service provider must be submitted no later within 10 working days from the date of the contract.
Deposits and Guarantees required: Performance of the contract - a bank guarantee or surety bond insurance companies (7% of the contract price).
The implosion of the municipal bond insurance companies added insult to injury.
NEW YORK -- Bond insurance companies CIFG Assurance North America, Inc.